The central bank's reluctance to use policy tools to stop the decline of the local currency is "legendary", says Addis Fortune. Read more »
The state-controlled Herald has claimed that Zimbabweans "have full confidence in" their currency, which is pegged at par with the U.S dollar, making the bond note the "strongest" ... Read more »
Rating Agency Standard & Poor's decision to rate the country's sovereign credit at one notch above junk status but with a negative outlook has been welcomed by President Jacob ... Read more »
The police used water cannons and tear gas to disperse disperse demonstrators who were protesting against the country's new currency. The government introduced the bond notes to ... Read more »
The police have refused to give permission for a protest planned by the country's largest labour movement, the Zimbabwe Congress of Trade Unions, against the controversial bond ... Read more »
The Reserve Bank of Zimbabwe has introduced the bond notes despite strong resistance from citizens. The authorities view the bond notes as a way of putting an end to the ongoing ... Read more »
Ratings agency Fitch and Moody's has announced that the country's sovereign credit rating will remain at its current level of moderate credit risk, two levels above sub-investment ... Read more »
The country's central bank has said the printed bills are ready and will go into circulation on November 30, despite strong resistance from citizens. Read more »
The Bond Notes will be introduced to promote exports and to plug chronic shortage of U.S. dollars, but will the new "currency" bring any magical anointing to rescue the troubled ... Read more »
The Naira has gained against the U.S. dollar on the parallel market where, among others, foreign currencies, stocks and shares are traded, while the foreign exchange market may ... Read more »
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